About
About Housing Development Finance Corporation Limited
Housing Development Finance Corporation Limited provides housing finance to individuals and corporate customers in India. It operates through Loans, Life Insurance, General Insurance, Asset Management, and Others segments. The company accepts fixed deposits, such as monthly income plans, non-cumulative interest plans, annual income plans, and cumulative options; and trust deposits. It offers loans for the purchase and construction of houses; home renovation and extension, plot, and top-up loans; loans to agriculturists, planters, horticulturists, and dairy farmers; loans for the salaried/self-employed individuals; loans for non-resident Indians; loans against property; and commercial property and plots loans, as well as education loans. In addition, the company provides cross-selling products and services; investment advisory services; life insurance products; general insurance products, including motor, health, travel, crop, home, personal accident, property, marine, aviation, and liability insurance; venture capital funds; asset management services comprising portfolio management, mutual fund, and property investment management; and other services consisting of project management and investment consultancy services. As of March 31, 2022, it operated through a network of 672 offices; and 3 offices in Dubai, London, and Singapore. The company was incorporated in 1977 and is based in Mumbai, India. As of June 30, 2023, Housing Development Finance Corporation Limited operates as a subsidiary of HDFC Bank Limited.
Research context
Housing Development Finance Corporation Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Financial
- Industry
- Mortgage Investment
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5 years, 6 months ago
Housing Development Finance Corporation Limited is currently in a long term uptrend where the price is trading 3.8% above its 200 day moving average.
From a valuation standpoint, the stock is 86.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.8.
Housing Development Finance Corporation Limited's total revenue rose by 35.4% to $393B since the same quarter in the previous year.
Its net income has increased by 35.0% to $52B since the same quarter in the previous year.
Finally, its free cash flow fell by 149.4% to $-117B since the same quarter in the previous year.
Based on the above factors, Housing Development Finance Corporation Limited gets an overall score of 4/5.